22 December 2020
2020- n° 335In October 2020, services output fell (−0.8%) and remained below its February level
(−5.4%) Index of services production - October 2020
In October 2020 output in services went down (−0.8% after +2.8% in September). Compared to February, output was still down sharply (−5.4%).
The indices presented here generally reflect well the magnitude of the shocks on activity in recent months, but month−to−month variations in certain specific sectors may possibly suffer from lags compared to activity. Indeed, the measurement of services production change is based mostly on invoicing computed from VAT declarations which may in some cases be lagged, as for example in the case of employment activities (temporary employment).
In the following paragraphs, percentage changes by subsections are presented in descending order of their contribution to the overall percentage change of the services production index. The contribution of a subsection takes into account its weight and the magnitude of its evolution.
All data are corrected for seasonal and working day effects (SA-WDA).
In October 2020 output in services went down (−0.8% after +2.8% in September). Compared to February, output was still down sharply (−5.4%).
In October 2020, contrasted evolutions depending on the sectors
In October 2020, output fell back in real estate activities (−12.5% after +12.7% in September), and continued to decline in accommodation and food services activities. In this sector, partial curfew and second lockdown (from October 30 onwards) had probably a bigger impact on food and beverage service activities (–12.8%) than on accommodation (–7.3%). For the same reasons, output tumbled in arts, entertainment and recreation (−13.9% after −0.8%). By contrast output rose in professional, scientific and technical activities (+2.4% after +6.7%), in information and communication (+3.7% after −4.3%), administrative and support service activities (+2.1% after +6.3%) and transportation and storage (+2,3% after +1.5%).
Compared to February, output in services was still down sharply (−5.4%), notably in accommodation and food service activities (−24.7%), especially for accommodation activities (−38.1%), and in arts, entertainment and recreation (−32.2%). Output stood down also in administrative and support service activities (−6.2%), transportation and storage (−6.6%), notably in air transport (−56.0%), and in real estate activities (−4.8%). It was up compared to February in professional, scientific and technical activities (+2.4%) and in information and communication (+1.9%).
tableauIndex of services production
| Business support (MN) | Transportation and storage (H) | Accommodation & food service (I) | Information-communication (J) | All services (SPI) | |
|---|---|---|---|---|---|
| 2016-01 | 101.91 | 100.77 | 100.83 | 102.71 | 101.28 |
| 2016-02 | 102.91 | 104.26 | 102.51 | 104.9 | 103.43 |
| 2016-03 | 99.83 | 102.05 | 102.38 | 103.75 | 101.05 |
| 2016-04 | 100.57 | 101.01 | 102.04 | 101.53 | 100.8 |
| 2016-05 | 102.29 | 101.51 | 102.85 | 103.01 | 102.18 |
| 2016-06 | 102.8 | 100.1 | 102.76 | 103.92 | 102.28 |
| 2016-07 | 100.25 | 101.0 | 102.95 | 104.42 | 101.55 |
| 2016-08 | 104.85 | 102.7 | 103.26 | 105.2 | 104.01 |
| 2016-09 | 102.66 | 98.7 | 104.0 | 105.31 | 102.58 |
| 2016-10 | 102.81 | 101.86 | 103.2 | 103.35 | 102.03 |
| 2016-11 | 104.21 | 102.34 | 103.46 | 105.58 | 104.04 |
| 2016-12 | 103.44 | 102.76 | 105.02 | 105.43 | 104.29 |
| 2017-01 | 106.12 | 103.96 | 104.95 | 104.35 | 104.86 |
| 2017-02 | 105.14 | 102.65 | 106.3 | 108.02 | 105.2 |
| 2017-03 | 107.26 | 104.37 | 107.32 | 110.54 | 106.77 |
| 2017-04 | 103.24 | 102.93 | 107.06 | 106.91 | 104.11 |
| 2017-05 | 108.97 | 107.23 | 106.64 | 110.12 | 107.38 |
| 2017-06 | 107.99 | 105.27 | 106.29 | 108.9 | 106.71 |
| 2017-07 | 107.85 | 106.84 | 108.81 | 113.15 | 108.49 |
| 2017-08 | 107.74 | 104.26 | 109.16 | 110.67 | 107.23 |
| 2017-09 | 107.66 | 103.57 | 108.46 | 111.64 | 107.03 |
| 2017-10 | 108.96 | 105.23 | 109.93 | 110.04 | 108.13 |
| 2017-11 | 108.47 | 104.05 | 112.06 | 111.87 | 108.37 |
| 2017-12 | 112.47 | 106.52 | 109.84 | 113.25 | 110.01 |
| 2018-01 | 111.81 | 109.51 | 112.27 | 113.29 | 111.46 |
| 2018-02 | 109.81 | 106.01 | 109.94 | 114.5 | 109.28 |
| 2018-03 | 109.94 | 106.65 | 110.82 | 114.11 | 109.15 |
| 2018-04 | 114.51 | 107.24 | 111.79 | 117.37 | 112.21 |
| 2018-05 | 111.74 | 103.93 | 113.34 | 115.56 | 110.64 |
| 2018-06 | 114.11 | 107.67 | 111.54 | 117.03 | 111.7 |
| 2018-07 | 112.13 | 106.7 | 111.72 | 118.64 | 111.24 |
| 2018-08 | 115.23 | 107.87 | 112.57 | 116.65 | 113.42 |
| 2018-09 | 115.8 | 106.63 | 114.45 | 116.62 | 112.95 |
| 2018-10 | 115.91 | 108.21 | 114.98 | 122.34 | 114.33 |
| 2018-11 | 116.17 | 107.98 | 113.97 | 119.45 | 113.75 |
| 2018-12 | 117.7 | 108.74 | 115.36 | 117.89 | 114.34 |
| 2019-01 | 113.5 | 108.46 | 115.36 | 119.77 | 112.91 |
| 2019-02 | 116.97 | 110.23 | 117.95 | 120.1 | 115.33 |
| 2019-03 | 118.18 | 109.33 | 116.71 | 122.53 | 116.01 |
| 2019-04 | 117.91 | 110.16 | 117.47 | 122.59 | 115.78 |
| 2019-05 | 118.02 | 109.34 | 116.0 | 123.2 | 115.9 |
| 2019-06 | 117.2 | 109.68 | 119.01 | 122.65 | 115.93 |
| 2019-07 | 116.8 | 109.09 | 116.4 | 123.71 | 116.16 |
| 2019-08 | 119.49 | 111.24 | 119.02 | 126.49 | 117.6 |
| 2019-09 | 119.93 | 111.43 | 119.07 | 125.67 | 117.81 |
| 2019-10 | 119.34 | 110.94 | 119.71 | 125.16 | 117.09 |
| 2019-11 | 119.39 | 108.52 | 120.15 | 125.57 | 117.32 |
| 2019-12 | 117.36 | 107.89 | 120.01 | 126.82 | 116.48 |
| 2020-01 | 119.66 | 106.04 | 121.27 | 125.94 | 116.89 |
| 2020-02 | 117.69 | 103.91 | 116.05 | 124.19 | 114.91 |
| 2020-03 | 107.64 | 93.42 | 58.75 | 125.42 | 100.26 |
| 2020-04 | 101.31 | 81.7 | 21.17 | 117.83 | 87.13 |
| 2020-05 | 99.19 | 73.91 | 32.9 | 114.44 | 88.23 |
| 2020-06 | 105.94 | 83.4 | 75.69 | 123.81 | 99.45 |
| 2020-07 | 103.85 | 95.09 | 94.6 | 122.02 | 102.26 |
| 2020-08 | 106.77 | 93.46 | 105.38 | 127.59 | 106.65 |
| 2020-09 | 113.72 | 94.88 | 99.1 | 122.09 | 109.61 |
| 2020-10 | 116.31 | 97.05 | 87.37 | 126.57 | 108.74 |
graphiqueIndex of services production
- Sources: DGFiP, INSEE
tableauVariation in the services production
| Nace classification | Weight (1) | Oct.20 | Change in % | ||||
|---|---|---|---|---|---|---|---|
| Oct/Sept. | Sept./Aug | Oct/Feb | Q/Q-1 (2) | Q/Q-4 (3) | |||
| Index of services production | 10000 | 108.7 | -0.8 | 2.8 | -5.4 | 12.1 | -7.8 |
| H Transportation and storage | 1504 | 97.1 | 2.3 | 1.5 | -6.6 | 13.1 | -14.4 |
| 49 Land transport… | 715 | 102.9 | -1.6 | 6.3 | -2.8 | 12.2 | -11.2 |
| 50 Water transport | 36 | 143.4 | 12.2 | 1.7 | 20.8 | 14.1 | -3.1 |
| 51 Air transport | 115 | 46.4 | 10.3 | -11.5 | -56.0 | 17.9 | -58.6 |
| 52 Warehousing and support for transportation | 504 | 99.9 | 2.8 | 0.6 | -3.1 | 17.3 | -11.8 |
| 53 Postal and courier activities | 135 | 86.3 | 20.7 | -17.3 | -5.4 | 0.1 | -7.4 |
| I Accommodation and food service activities | 870 | 87.4 | -11.8 | -6.0 | -24.7 | 43.6 | -18.4 |
| 55 Accommodation | 205 | 66.6 | -7.3 | -15.1 | -38.1 | 59.7 | -31.0 |
| 56 Food and beverage service activities | 664 | 93.8 | -12.8 | -3.8 | -21.0 | 40.5 | -15.0 |
| J Information-communication | 1635 | 126.6 | 3.7 | -4.3 | 1.9 | 4.4 | -0.3 |
| 58 Publishing activities | 208 | 110.0 | 0.0 | -1.4 | 2.8 | 4.5 | -2.7 |
| 59 Motion picture, sound recording, music publishing | 119 | 99.2 | 3.7 | 5.3 | -4.7 | 21.4 | -15.0 |
| 60 Programming and broadcasting activities | 71 | 113.9 | 2.6 | -3.0 | 6.6 | 14.4 | 4.9 |
| 61 Telecommunications | 415 | 115.3 | 11.6 | -18.2 | 5.2 | 5.1 | 7.4 |
| 62 Computer programming... | 720 | 139.2 | 1.3 | 0.3 | -0.6 | 1.9 | -2.5 |
| 63 Information services | 102 | 157.4 | 2.9 | 1.6 | 10.7 | 3.3 | 6.7 |
| L Real estate activities | 964 | 96.5 | -12.5 | 12.7 | -4.8 | 11.1 | -0.4 |
| M+N Business support | 4289 | 116.3 | 2.3 | 6.5 | -1.2 | 9.0 | -6.1 |
| M Professional, scientific and technical activities | 2540 | 118.3 | 2.4 | 6.7 | 2.4 | 6.9 | -2.8 |
| 69 Legal and accounting activities | 502 | 122.8 | 0.4 | 5.0 | 4.0 | 5.1 | 0.5 |
| 70 Activities of head offices and management consultancy | 739 | 115.4 | 7.8 | 2.4 | 1.7 | 3.3 | -7.4 |
| 71 Architecture and engineering activities | 491 | 115.9 | 0.8 | 3.0 | 0.1 | 5.0 | -5.9 |
| 72 Scientific research and development | 559 | 118.8 | -2.0 | 16.2 | 4.1 | 14.7 | 4.1 |
| 73 Advertising and market research | 146 | 102.1 | 8.6 | 18.1 | -0.1 | 16.3 | -11.8 |
| 74 Other professional, scientific and technical activities | 79 | 155.6 | 2.8 | 3.5 | 4.1 | 4.1 | 1.0 |
| 75 Veterinary activities | 26 | 131.1 | -0.1 | 0.9 | 5.9 | -2.0 | 8.6 |
| N Administrative and support service activities | 1748 | 113.4 | 2.1 | 6.3 | -6.2 | 12.4 | -10.7 |
| 77 Rental and leasing activities | 526 | 118.7 | -1.0 | 5.0 | -10.8 | 11.3 | -7.2 |
| 78 Employment activities | 502 | 110.1 | 4.3 | 11.3 | -9.1 | 21.9 | -19.5 |
| 79 Travel agency, tour operator | 35 | 29.7 | -26.8 | -4.1 | -64.6 | 61.8 | -63.9 |
| 80 Security and investigation | 104 | 116.2 | -1.7 | 7.5 | 7.4 | 3.9 | -1.6 |
| 81 Services to building and landscape activities | 245 | 120.8 | -1.8 | 4.7 | 5.3 | 10.6 | 2.6 |
| 82 Other administrative and business support activities | 336 | 112.3 | 10.4 | 2.7 | -1.1 | 5.2 | -9.8 |
| R+S Household services | 738 | 90.2 | -9.4 | 0.2 | -22.8 | 29.8 | -18.3 |
| R Arts, entertainment and recreation | 460 | 84.0 | -13.9 | -0.8 | -32.2 | 47.4 | -24.4 |
| S Other personal services | 278 | 100.6 | -2.3 | 1.8 | -4.3 | 9.9 | -6.9 |
Output also decreased significantly over a year
Services output in the last three months was 7.8% lower than the same period in 2019. Output fell sharply in transportation and storage (−14.4% with notably a collapse in air transport :−58.6%), in administrative and support service activities (−10.7%), accommodation and food services activities (−18.4%) and arts, entertainment and recreation (−24.4%). Output fell to a lesser extent in professional, scientific and technical activities (−2.8%), in information and communication (−0.3%) and real estate activities (−0.4%).
Revisions
The month-on-month percentage change of the index of services production in September 2020 has been revised downwards by 0.1 point. Initially published at +2.9%, it is now evaluated at +2.8%.
tableauRevision of variations
| Sept/Aug | Aug/July | July/June | Q3 2020/Q2 2020 | 2019/2018 | |
|---|---|---|---|---|---|
| Services production | -0.09 | -0.01 | -0.01 | -0.12 | -0.13 |
| Raw series | -0.34 | 0.00 | -0.01 | -0.23 | -0.13 |
| SA-WDA parameters | 0.25 | -0.01 | 0.00 | 0.11 | 0.00 |
- How to read: in the services industries, the SA-WDA percentage change in output between September 2020 and October 2020 is revised by -0.09 points: -0.34 points due to the revisions of raw data and +0.25 points due to the update of SA-WDA parameters
- Sources : DGFiP, Insee
For Further informations
Next issue 29 january 2021 at 12.00
Pour en savoir plus
